PPP borrower record
MAGNET AMERICA INTERNATIONAL INC PPP loan record
Public SBA PPP loan record for MAGNET AMERICA INTERNATIONAL INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$154,123
Approved amount
$154,633
Forgiven amount
2021-02-26
Date approved
Borrower and loan details
Borrower
MAGNET AMERICA INTERNATIONAL INC
Loan number
4758588503
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
King
Borrower state
North Carolina
Borrower ZIP
27021
Jobs reported
17
Loan status
Exemption 4
Forgiveness date
2021-06-29
Servicing lender
Truist Bank d/b/a Branch Banking & Trust Co
Originating lender
Truist Bank d/b/a Branch Banking & Trust Co
Reported use of proceeds
Payroll
$154,121
Rent
N/A
Utilities
$1
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.